S&P 500 Forecast for Tuesday, September 29, 2020

Updated: Aug 18, 2021

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Day's Theme - Crossing a significant support / resistance level AND/OR the crossing of significant moving averages. In the premarket there is sideways rotation possibly with a trend higher. An life-changing decision between two rulers is highlighted around the open AND/OR coming out of the open their is sideways rotation reflecting an indecisive market sentiment. Between roughly 10:45am and 12:15pm est. a trade opportunity is presented when one of the following is highlighted: a female leader AND/OR environmental issues are highlighted. From roughly 12pm to 1:20pm there is selling through a support level off of a peak. A move higher from roughly 1pm to 2pm est. From roughly 2pm to 3pm est there is extreme price swings and volatility AND/OR a rally out of a trough to a crest followed by selling into the close. Closes within range-bound. In the postmarket there is a move higher AND/OR a breakout through resistance at the top of the previously mentioned range.

1-Day High - Selling through support off of the postmarket high AND/OR selling off of high and through support but remaining range-bound. At least three more crests are formed at the upper edge of the range.

1-Day Low - Forms between roughly 10:45am and 12:30pm est. There is a lower low on Wednesday. There is a very notable move higher or notable rally off of today's low AND/OR off of tomorrow's low. Tomorrows low will form when several smaller negative factors gains momentum creating a strong decline.

Planned Trades - One advises me to buy to open ATM straddles or long ATM calls between roughly 11am and 12pm est. at the moment when one of the following is highlighted: a female leader AND/OR environmental issues are highlighted.

Place range-bound day trades using the premarket high as the upper end of the range and the midday low around 11am - 12pm est. as the lower end of the range.



#SunInLibra

#MoonInPisces #2ndQuarterMoon #2ndQuarterMoonInPisces

#MercuryInScorpio #MercuryDirect #MercuryDirectInScorpio

#VenusInLeo #VenusDirect #VenusDirectInLeo

#MarsInAries #MarsRetrograde #MarsRetrogradeInAries

#SaturnInCapricorn #SaturnDirect #SaturnDirectInCapricorn

#JupiterInCapricorn #JupiterDirect #JupiterDirectInCapricorn

#NeptuneInPisces #NeptuneRetrograde #NeptuneRetrogradeInPisces

#UranusInTaurus #UranusDirect #UranusDirectInTaurus

#PlutoInCapricorn #PlutoRetrograde #PlutoRetrogradeInCapricorn

#ChironDirect #ChironInAries #ChironDirectInAries

#MoonPiscesQuincunxSunLibra @12:14am est.

#SaturnDirect @1:11am est.

#MoonPiscesSextileUranusTaurus @6:58am est.

#SunLibraOppositionChironAries @4:44pm est

#MarsAriesSquareSaturnCapricorn @5:50pm est.

#MoonPiscesSextileJupiterCapricorn @10:40pm est.

 

Dow closes 400 points higher.
Averages indicate Q3 gains.
Dow decreases 200 points.

2.2 trillions dollar stimulus package. VIX Index.
Opinion equities will suffer from election volatility.

AAL, UAL, DAL, LUV, JBLU.

#Gap

#Open

#Close

#Tuesday

#September


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